1. K

    Business ExxonMobil appoints new Chairman and Managing Director – First Reports

  2. K

    Business Rep faults ExxonMobil for sacking 495 employees in Niger Delta – The Nation Nigeria News

  3. J

    Video Top 7 Highest Paying Oil Companies In Nigeria

  4. curator

    Business Nigeria to become 3rd world largest exporter of gas – NLNG Official – Premium Times Newspaper

    The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December will make Nigeria the.... Read more via Premium Times Newspaper – https://ift.tt/2OegLFj Get more: Nigeria Business News
  5. curator

    Business ExxonMobil named 2017 oil explorer of the year –

    Oil major, ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and discovering …...
  6. L

    Business ExxonMobil Fires 89 Nigerians, Plans More Sackings

    U.S. oil major ExxonMobil has let go of an additional 89 of its Nigerian workers, NAN reports. According to a top source in the company, 60 regular workers and 29 contract workers were affected in the latest retrenchment, involving mainly workers at the company’s Qua Iboe Terminal. He added...
  7. L

    Business Paul McGrath Appointed New Chairman and MD of Mobil Nigeria

    Paul McGrath has been appointed as the new Chairman and Managing Director of Mobil Producing Nigeria Unlimited, effective from March 1. Ogechukwu Udeagha, Manager, Media and Communication, made the announcement on Friday in Lagos. He said Mr. McGrath will succeed Nolan O’Neal, who elected to...
  8. L

    Business ExxonMobil Chief Engineer Dies in Freak Blast Accident

    Mr. G. Okorocha, the Chief Engineer of the Aviation Department of ExxonMobil in the early hours of Tuesday was killed in a blast accident. He in charge of servicing of aeroplanes and helicopters in the company. An official at Exxonmobil said he had just finished servicing a helicopter of the...
  9. P

    Business ExxonMobil Makes Significant Discovery of 1bn Barrels of Oil In Bayelsa

    American oil giant, ExxonMobil, has announced the discovery of about 1 billion barrels of crude oil in a Nigerian offshore oilfield. In an emailed statement on Thursday, the firm described the development as “a significant discovery with a potential recoverable resource of between 500 million...
  10. L

    Business ExxonMobil Pulls Out of Nigeria's Downstream Oil Sector

    US based oil firm, ExxonMobil has pulled out of the Nigerian downstream oil sector. The firm has divested its 60 per cent stake in Mobil Oil Nigeria Plc to Nipco Plc, an indigenous Nigerian downstream oil and gas company. This leaves French energy major, Total, the only international oil...
  11. K

    Metro Avengers Blow Up ExxonMobil Crude Export Line

    Niger Delta Avengers has blown up yet again another of the nation’s crude oil pipeline, operated by ExxonMobil. Spokesperson of the militant group, self-styled Brigadier General Mudoch Agbinibo, said the Qua Iboe 48-inch crude oil ex‎port line was attack on Monday evening. His words: “At...
  12. P

    Business ExxonMobil Profits Crash to Lowest Level since 1999

    Exxon's (XOM) first-quarter profits plunged by 63% to $1.8 billion due to the oil crash. That's the lowest quarterly profit the company has reported since 1999, according to FactSet. The world's largest publicly-traded oil company blamed "sharply lower commodity prices" and overall "challenging...